12 U.S.C. § 1735f–13
Prohibition of requirement of minimum principal loan amount
United States · Title 12 — BANKS AND BANKING · Status: effective
Cite this
- Citation
- 12 U.S.C. § 1735f–13, Prohibition of requirement of minimum principal loan amount, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437835
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Full text
A mortgagee or lender may not require, as a condition of providing a loan insured under this chapter or secured by a mortgage insured under this chapter, that the principal amount of the loan exceed a minimum amount established by the mortgagee or lender.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Housing and Community Development Act of 1987House: no recorded tallySenate: no recorded tally